JP Morgan shareholders are looking for a shake-up

. . . and another thing

By

Ian Kerr

March 4, 2002 5:00 p.m. GMT

Every share price tells a story, as all investors from the legendary Warren Buffett to a Hong Kong amah will confirm. Look at the chart of JP Morgan Chase and what would be your reaction? Mine would be to have an ambulance standing by. JPMC shares currently trade at around $29, which is 45% below their 52-week high.

Last Friday, JPMC shares were battered by almost 6% on news that the bank was being investigated by the Federal Reserve...